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20120928
20121006
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. this is a civil lawsuit, which means fines not jail time, if they're convicted of this? >> right. so you know, the only major sort of trial that's come from the wall street meltdown happened in 2009 when two bear sterns hedge fund managers were found not guilty of inflating the price of their mortgage-backed securities. really that is the big criticism here. h who is paying the price? jp morgan is trying to distance itself from this, stregs that the lawsuit deals with bear sterns. that's understandable. securities in question, they were issued long before it bought bear, in 2006 and 2007. jp morgan is still planning to contest these allegations with jp morgan saying it's disappointed that the attorney general pursued its civil action without offering us an opportunity to rebut these claims. >> probably one of the last groups of people you would think about having voting rights. civil rights groups with battling it out in florida to make sure former felons can vote. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do
impact especially on civil rights cases. and i think it's entirely possible the court may limit or even overrule justice o'connor's opinion getting rid of racial preferences more and more. >> so this is a case involving a state university, a public university. so if they decide that affirmative action giving a preference to certain students based on race for example is unconstitutional, would it also automatically apply to private universities that get federal aid, for example? >> not automatically. but this is the way the court works is that they decide one case at a time. and they establish principles that are later applied or not applied. each case can be somewhat different. but if they say that a university which is a part of the state may not consider race, that race is simply impermissib impermissible, you can be sure that that message will filter out not just through universities but also to employers and to the government. it could be an enormous change. we'll only deal with public universities this term. >> let me read to you from your column you wrote on cnn.com. very provocat
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